Associate - CCB Forecast Execution and Model Analytics

Job Description

The CCB Capital Stress Testing (CST) team is part of CCB Finance Planning and Analysis (P&A) and manages the Comprehensive Capital Analysis & Review (CCAR) & other forecasting related CCB & Firmwide related deliverables and tasks for CCB. The team manages various aspects of financial forecast and governance for different Sub-LOBs within CCB (Consumer Bank, Business Banking, CWM, Auto, Student, Mortgage, and Credit Card). This includes planning as well as the execution of CCAR/Budget exercises, coordinating the submission of CCAR results to our regulators, monitoring and tracking of QMs that are used during official exercises, building controls and governance around the forecast process, deriving and provide insights of the forecast to finance and risk teams, remediation of existing MRIA/MRA issued, driving improvements and automation in our Finance forecasting processes and control/risk environment. This role will be supporting and owning multiple deliverables that are cross functional, cross LOB programs and have significant impact on the businesses. The project has high visibility and you will gain great exposure to multiple businesses within CCB. You work closely with LOBs Finance & Risk teams, and business leads. You will learn each business at a high level, and help assess & quality control regulatory deliverables, articulate their status and actions, and help identify trouble areas. Role and Responsibilities:

• Develop expertise in forecasting and analyzing trends in business drivers, balance sheet and income statement across stress testing forecasts and business planning
• Manage and analyze business strategic inputs and assumptions used in the forecasting model
• Analyze performance and revenue drivers to influence model choice decisions
• Act as key supporting role with Sub-LOBs, and Corporate and Others (i.e. Challenger, Business Control Officers, MRGR) for various capital stress testing and forecast optimization projects
• Create executive presentations that summarize forecast results, and issues/risks or address ad-hoc requests
• Perform quality control and necessary secondary review for deliverables, such as CCAR narratives documented by all CCB sub-LOBs
• Support other aspects of CCB stress testing processes, including but not limited to, strategic forecasting

Skills / Competencies Needed/Education Qualifications:

• Master in finance or economics / CA / CFA / Master in Business Administration / PGDBM from top Tier institute is required
• 5+ years of post-qualification experience in finance and related domain
• Previous experience in FP&A, Finance Analytics, finance modeling, Business valuations is a plus
• Strong analytical skills and attention to detail
• Technical experiences R/Python, BI tools, PPT, and advanced Excel
• Excellent and proven communication skills, both written and verbal
• Perform under high stress and fast paced environment
• Detailed oriented, organized, process oriented & control mindset
• Good prioritization skills
• Skilled in negotiation, problem solving and analytical reasoning
• Shift Timings - 2pm -11pm IST. This may vary due to business requirements

, The CCB Capital Stress Testing (CST) team is part of CCB Finance Planning and Analysis (P&A) and manages the Comprehensive Capital Analysis & Review (CCAR) & other forecasting related CCB & Firmwide related deliverables and tasks for CCB. The team manages various aspects of financial forecast and governance for different Sub-LOBs within CCB (Consumer Bank, Business Banking, CWM, Auto, Student, Mortgage, and Credit Card). This includes planning as well as the execution of CCAR/Budget exercises, coordinating the submission of CCAR results to our regulators, monitoring and tracking of QMs that are used during official exercises, building controls and governance around the forecast process, deriving and provide insights of the forecast to finance and risk teams, remediation of existing MRIA/MRA issued, driving improvements and automation in our Finance forecasting processes and control/risk environment. This role will be supporting and owning multiple deliverables that are cross functional, cross LOB programs and have significant impact on the businesses. The project has high visibility and you will gain great exposure to multiple businesses within CCB. You work closely with LOBs Finance & Risk teams, and business leads. You will learn each business at a high level, and help assess & quality control regulatory deliverables, articulate their status and actions, and help identify trouble areas. Role and Responsibilities:

• Develop expertise in forecasting and analyzing trends in business drivers, balance sheet and income statement across stress testing forecasts and business planning
• Manage and analyze business strategic inputs and assumptions used in the forecasting model
• Analyze performance and revenue drivers to influence model choice decisions
• Act as key supporting role with Sub-LOBs, and Corporate and Others (i.e. Challenger, Business Control Officers, MRGR) for various capital stress testing and forecast optimization projects
• Create executive presentations that summarize forecast results, and issues/risks or address ad-hoc requests
• Perform quality control and necessary secondary review for deliverables, such as CCAR narratives documented by all CCB sub-LOBs
• Support other aspects of CCB stress testing processes, including but not limited to, strategic forecasting

Skills / Competencies Needed/Education Qualifications:

• Master in finance or economics / CA / CFA / Master in Business Administration / PGDBM from top Tier institute is required
• 5+ years of post-qualification experience in finance and related domain
• Previous experience in FP&A, Finance Analytics, finance modeling, Business valuations is a plus
• Strong analytical skills and attention to detail
• Technical experiences R/Python, BI tools, PPT, and advanced Excel
• Excellent and proven communication skills, both written and verbal
• Perform under high stress and fast paced environment
• Detailed oriented, organized, process oriented & control mindset
• Good prioritization skills
• Skilled in negotiation, problem solving and analytical reasoning
• Shift Timings - 2pm -11pm IST. This may vary due to business requirements

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Keyskills :
balance sheetstress testingquality controlproblem solvingbusiness bankingbusiness controlanalytical skillscommercial modelscommunication skillscompatibility testingstrategic forecastingstatements of work sow